71 Bow # 501, Somerville MA 02143
Somerville, MA 02143 • Union Square
$1,050,000
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Sale Statistics
Sale Overview
Original List Price:
$1,199,000
Final Sale Price:
$1,050,000
Difference:
$149,000 (-12.4%)
Performance Metrics
87.6%
List to Sale Ratio
Sold below asking price
97
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$998
Sale $/sq ft:
$874
This property sold for $874 per square foot
Sale Summary
This property sold for 12.4% below the original asking price.
At 97 days on market, this property took longer than average to sell.
Nearby Sales Comparison
Based on 50 similar properties sold within 0.5 miles in the last 90 days
This Property
$874/sq ft
Area Median
$648/sq ft
Difference
+34.8%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
Penthouse 2 bedroom plus a large den, 2 full bathroom and 1 direct access parking spot! Located in Union Square's brand new Loen condo building, this unit has it all! Beautiful flooring throughout, high ceilings, central air, laundry in unit, ERV system for constant fresh air and triple pane windows all on the top floor of a new construction, elevator building! This corner unit w/ 2 exposures features a Porselanosa kitchen with Krion counters and lovely breakfast bar. Long views of tree tops & Prospect Hill! Spacious living room with space for dining. 2 generous bedrooms, plus a den with a large closet and a door - easily used as a home office/guest room/3rd bedroom. 2 full, beautifully appointed bathrooms with Grohe fixtures & floating vanities. Ride in bike parking, chic lobby, keyless entry and mail room - and a parking spot! Plus, a HUGE common roof deck with spectacular views!
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Recently Sold Nearby
Property History
Market Insights
99
Total Days on Market
Property Timeline
Sold
Nov 21, 2024
$1,050,000
Property sold
Days on Market: 99
Listed for Sale
Jul 23, 2024
$1,050,000
Original listing
Agent: Vineburgh / DiMella Team
Office: Charlesgate Realty Group, llc
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/21/2024 | ✓ Sold | $1,050,000 | - | - | Property sold |
| 07/23/2024 | 🏠 Listed for Sale | $1,050,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $999,999 | $999,999 |
Financial Details
Annual Property Tax
$999,999
Tax Year 2024
HOA Fee
$733
Monthly
Assessed Value
$999,999
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
2024
Living Area
1,202 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
5
Interior
Heating
Heat Pump
Cooling
Central Air
Flooring
Tile, Engineered Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace
None
Basement
N
Laundry
In Unit
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
Deck - Roof
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Roof
Parking
Has Garage
Yes
Features
Under, Assigned, Off Street, Driveway, Paved
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$999,999
Assessed Value
$999,999
HOA & Community
HOA Fee
$733 Monthly
Fee Includes
Gas, Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities
Hot Water, Elevator(s)
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Photos Are Of Model Unit. Additional Monthly Condo Fee Of Approx. $42.86 For Parking Spot.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
501
Sq Ft Source
Unit Floor Plan
Documents
Master Deed, Rules & Regs, Floor Plans (3)
County
Middlesex
Total market time (incl. prior listings)
99 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
2024
Bedrooms
2
Full Bathrooms
2
Living Area
1,202 sq ft
Total Rooms
5
Stories
1
Entry Level
5
Floor Layout
Interactive room guide
Floor Layout
FeaturesYes
Display Options
Outdoor Areas
Patio & porchDeck - Roof
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Engineered Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows:
Insulated Windows
Basement:
N
Laundry:
In Unit
Security:
Construction & Materials
Year Built:
2024
Structure Type:
Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Heat Pump
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Deck - Roof
Patio & Porch:
Deck - Roof
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Type:
Attached
Total Parking Spaces:
1
Parking Features:
Under, Assigned, Off Street, Driveway, Paved
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
3 schools
B+
Albert F. Argenziano School at Lincoln Park
0.2 mi
|
#134 of 352
|
Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.6 mi
Grades PK-08
Capuano Early Childhood Center
0.7 mi
250 students
Very Diverse
Diverse Student Body
Grades PK-01
Middle Schools
3 schools
Next Wave Junior High School
0.4 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
0.8 mi
|
#214 of 352
|
Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students
Very Diverse
Diverse Student Body
Grades 06-08
Allium Montessori School
1.1 mi
Grades 01-06
High Schools
3 schools
F
Full Circle High School
0.4 mi
|
#344 of 346
|
Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.4 mi
|
#131 of 346
|
Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students
Diverse
17 sports
• 1,566 athletes
Rising School
Career Tech Programs
Strong Athletics
Diverse Student Body
Grades 09-12
B-
Community Charter School of Cambridge
1.2 mi
|
#178 of 346
|
Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students
Diverse
7 sports
• 202 athletes
High Graduation Rate
College Ready Curriculum
Grades 06-12
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Location
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Neighborhood
Union Square
71 Bow # 501, Somerville MA 02143
Somerville, MA 02143
Listing Information
Listing Agent
Vineburgh / DiMella Team
Listing Office
Charlesgate Realty Group, llc
Office Phone
617-587-0100
Agent MLS ID
TEAM0281
Office MLS ID
NB1520
Listing Data Updated
Nov 22, 2024 4:30 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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